Karur Vysya Bank Manager Scale II salaries in Chennai

Likes

The very thought entering your head about joining KVB, indicate your dasha change to Shani. No place to sit, no travel allowance, no incentives, arguments and fights with IBA old employees, back stabbing politics. They don't have money to move the newly formed channels.. Most of the channels are closed within few months.. Don't risk your career.. Escape my dear.

Dislikes

...organization, internal politics. Performance and hardwork won't help you even.. IBA employees with IBA salary don't want CTC employees with low salary to work in this organization.. That's the main issue for everything

Likes

Salary at par with Banking industry.

Dislikes

Marketing Pressure. Direct involvement of Bank's Top management for RM review. Rely more on security coverage for sanctioning loan. Poor Valuation and technical team. Have to put huge efforts for marketing big ticket SME loan, since ROI is not competitive as offered by new gen bank and other PSU Banks.

Likes

Prompt Monthly Pay and incentives

Dislikes

some branches are insanely poor with infrastructure. sick washrooms, no proper lighting also. (some 5 years old branches). terrible. Staff shortage as all banks have these days. worklife balance is terrible. This bank is no different than a pure private bank. innovative programs every fortnight to raise sales which inturn become a nightmare to nil sales experience staff. This bank is well suited to a certain group of people in the society.

Likes

The people and the work culture. It’s very smooth.

Dislikes

As I was a CTC employee my package was 4.5LPA, which is not at all feasible for a legal professional. Though I have got my division to 1st rank all over India in customer complaint Redressal, no acknowledgement was given for that. Also there was an appraisal of only 3%. Which is hugely disappointing.

Likes

Good culture..like a govt bank.. work well..no problem.. only problem is HR policies..no transpelarency and even hr people don't know about the policies..

Dislikes

Discrimination in pay between IBA Norms employees and CTC employees